TPG RE Finance Trust (TRTX) Other Operating Expenses (2016 - 2026)
TPG RE Finance Trust (TRTX) reported Other Operating Expenses of $17.21 million for Q2 2026, down 16.6% from $20.63 million a year earlier and down 7.2% from the prior quarter.
TPG RE Finance Trust (TRTX) Other Operating Expenses (2016 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, TPG RE Finance Trust's Other Operating Expenses came in at $73.81 million, down 5.7% year-over-year; for FY2025, it came in at $78.52 million, up 5.8% from FY2024.
- Other Operating Expenses has increased for four consecutive years, with a five-year compound annual growth rate of 14.2% (FY2020 to FY2025).
- By year, Other Operating Expenses came in at $74.23 million in FY2024 (+48.8%), $49.88 million in FY2023 (+11.3%), $44.8 million in FY2022 (+17.5%) and $38.12 million in FY2021 (-5.5%).
- The Q2 2026 figure ranks as the lowest quarterly Other Operating Expenses since Q4 2023.
- Year over year, Other Operating Expenses gained in six of the last eight quarters, with growth averaging 9.9%.
- The high point for year-over-year Other Operating Expenses in five years was Q1 2024 (growth of 75.9%); the low point was Q2 2026 (a decline of 16.6%).
- Per Business Quant data, the three quarters before Q2 2026 came in at $18.54 million (Q1 2026), $19.71 million (Q4 2025) and $18.35 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Rocket Companies | 43.26 Bn | 28.94 Bn | - |
| 2 | Orix | 42.40 Bn | 42.90 Bn | - |
| 3 | Royalty Pharma | 33.56 Bn | 33.47 Bn | - |
| 4 | Federal National Mortgage Association Fannie Mae | 24.47 Bn | 24.47 Bn | - |
| 5 | Affirm Holdings | 23.34 Bn | 17.03 Bn | - |
| 6 | Synchrony Financial | 23.06 Bn | -44.91 Bn | - |
| 7 | Royal Gold | 19.98 Bn | 19.21 Bn | 390.45 Mn |
| 8 | Annaly Capital Management | 14.18 Bn | 5.27 Bn | - |
| 9 | Ares Capital | 13.71 Bn | 11.15 Bn | - |
| 10 | TPG RE Finance Trust | 481.93 Mn | 89.70 Mn | - |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 17.21 Mn |
| Mar 31, 2026 | 18.54 Mn |
| Dec 31, 2025 | 19.71 Mn |
| Sep 30, 2025 | 18.35 Mn |
| Jun 30, 2025 | 20.63 Mn |
| Mar 31, 2025 | 19.83 Mn |
| Dec 31, 2024 | 19.59 Mn |
| Sep 30, 2024 | 18.19 Mn |
| Jun 30, 2024 | 19.02 Mn |
| Mar 31, 2024 | 17.44 Mn |
| Dec 31, 2023 | 14.82 Mn |
| Sep 30, 2023 | 12.42 Mn |
| Jun 30, 2023 | 12.73 Mn |
| Mar 31, 2023 | 9.91 Mn |
| Dec 31, 2022 | 10.45 Mn |
| Sep 30, 2022 | 9.60 Mn |
| Jun 30, 2022 | 14.96 Mn |
| Mar 31, 2022 | 9.78 Mn |
| Dec 31, 2021 | 10.33 Mn |
| Sep 30, 2021 | 9.40 Mn |
TPG RE Finance Trust Other Operating Expenses API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=other-operating-expenses&ticker=TRTX&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "other-operating-expenses", "ticker": "TRTX", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=other-operating-expenses&ticker=TRTX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();